Electrum Discovery (CVE:ELY) Stock Price Down 31.8% – Should You Sell?

Electrum Discovery Corp (CVE:ELYGet Free Report)’s stock price fell 31.8% during trading on Wednesday . The stock traded as low as C$0.07 and last traded at C$0.08. 1,689,401 shares traded hands during trading, an increase of 331% from the average session volume of 391,901 shares. The stock had previously closed at C$0.11.

Electrum Discovery Trading Down 27.3 %

The company has a quick ratio of 21.82, a current ratio of 1.73 and a debt-to-equity ratio of 9.05. The company has a market capitalization of C$5.92 million and a PE ratio of -2.67. The firm’s 50 day simple moving average is C$0.13 and its 200-day simple moving average is C$0.10.

Electrum Discovery Company Profile

(Get Free Report)

Electrum Discovery Corp. operates as a mineral exploration and development company. It focuses on the Western Tethyan Belt with activities in the Republic of Serbia. The company's flagship project is the copper-gold Timok East Project. The company is based in Vancouver, Canada.

Featured Articles

Receive News & Ratings for Electrum Discovery Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Electrum Discovery and related companies with MarketBeat.com's FREE daily email newsletter.